Leonardo Change In Cash vs Stock Based Compensation Analysis

DRS Stock   36.25  0.55  1.54%   
Leonardo DRS, financial indicator trend analysis is infinitely more than just investigating Leonardo DRS, Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leonardo DRS, Common is a good investment. Please check the relationship between Leonardo DRS, Change In Cash and its Stock Based Compensation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leonardo DRS, Common Change In Cash account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Leonardo DRS,'s Change In Cash and Stock Based Compensation is 0.52. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Leonardo DRS, Common, assuming nothing else is changed. The correlation between historical values of Leonardo DRS,'s Change In Cash and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Leonardo DRS, Common are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change In Cash i.e., Leonardo DRS,'s Change In Cash and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Change In Cash

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Leonardo DRS,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leonardo DRS, Common current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Leonardo DRS,'s Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 12.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit547M575M648M432.7M
Total Revenue2.9B2.7B2.8B2.2B

Leonardo DRS, fundamental ratios Correlations

0.990.98-0.970.920.480.781.00.910.630.640.990.961.00.981.00.710.970.830.990.58-0.860.69-0.860.830.85
0.990.96-0.980.920.50.741.00.880.560.580.980.961.00.990.990.650.990.790.990.52-0.830.69-0.810.780.8
0.980.96-0.920.890.420.830.970.920.710.720.990.940.970.920.990.780.920.880.960.67-0.90.7-0.920.890.92
-0.97-0.98-0.92-0.94-0.52-0.75-0.98-0.84-0.57-0.58-0.95-0.94-0.98-0.99-0.95-0.65-0.98-0.8-0.97-0.510.83-0.740.78-0.78-0.78
0.920.920.89-0.940.50.860.920.870.770.780.930.870.920.920.920.820.910.890.880.61-0.80.63-0.770.840.83
0.480.50.42-0.520.50.330.50.620.210.220.460.440.490.530.470.280.510.360.470.05-0.30.27-0.280.290.28
0.780.740.83-0.750.860.330.760.810.920.930.790.720.750.690.80.960.70.990.720.9-0.870.68-0.90.960.93
1.01.00.97-0.980.920.50.760.890.60.610.990.961.00.990.990.680.980.810.990.54-0.840.69-0.830.80.82
0.910.880.92-0.840.870.620.810.890.710.720.920.860.890.850.920.780.850.840.870.56-0.80.58-0.830.820.86
0.630.560.71-0.570.770.210.920.60.711.00.680.560.590.520.660.990.50.920.530.84-0.770.53-0.770.890.86
0.640.580.72-0.580.780.220.930.610.721.00.690.570.60.530.670.990.520.930.550.84-0.780.54-0.780.90.86
0.990.980.99-0.950.930.460.790.990.920.680.690.960.980.960.990.750.950.850.970.58-0.870.67-0.860.840.88
0.960.960.94-0.940.870.440.720.960.860.560.570.960.960.940.950.640.970.770.980.49-0.850.65-0.810.80.85
1.01.00.97-0.980.920.490.751.00.890.590.60.980.960.990.990.670.980.810.990.54-0.850.7-0.840.80.82
0.980.990.92-0.990.920.530.690.990.850.520.530.960.940.990.970.60.990.750.980.45-0.770.64-0.750.720.74
1.00.990.99-0.950.920.470.80.990.920.660.670.990.950.990.970.740.960.850.980.61-0.860.68-0.880.840.87
0.710.650.78-0.650.820.280.960.680.780.990.990.750.640.670.60.740.590.970.630.87-0.840.63-0.850.940.91
0.970.990.92-0.980.910.510.70.980.850.50.520.950.970.980.990.960.590.740.980.44-0.760.6-0.750.730.77
0.830.790.88-0.80.890.360.990.810.840.920.930.850.770.810.750.850.970.740.780.88-0.910.74-0.930.980.94
0.990.990.96-0.970.880.470.720.990.870.530.550.970.980.990.980.980.630.980.780.52-0.850.7-0.840.790.82
0.580.520.67-0.510.610.050.90.540.560.840.840.580.490.540.450.610.870.440.880.52-0.780.68-0.870.870.82
-0.86-0.83-0.90.83-0.8-0.3-0.87-0.84-0.8-0.77-0.78-0.87-0.85-0.85-0.77-0.86-0.84-0.76-0.91-0.85-0.78-0.890.95-0.96-0.93
0.690.690.7-0.740.630.270.680.690.580.530.540.670.650.70.640.680.630.60.740.70.68-0.89-0.80.790.69
-0.86-0.81-0.920.78-0.77-0.28-0.9-0.83-0.83-0.77-0.78-0.86-0.81-0.84-0.75-0.88-0.85-0.75-0.93-0.84-0.870.95-0.8-0.96-0.96
0.830.780.89-0.780.840.290.960.80.820.890.90.840.80.80.720.840.940.730.980.790.87-0.960.79-0.960.98
0.850.80.92-0.780.830.280.930.820.860.860.860.880.850.820.740.870.910.770.940.820.82-0.930.69-0.960.98
Click cells to compare fundamentals

Leonardo DRS, Account Relationship Matchups

Leonardo DRS, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.0B3.1B3.7B3.9B2.3B
Total Current Liabilities1.0B975M989M1.0B1.1B702.4M
Total Stockholder Equity1.0B1.4B1.6B2.1B2.3B1.2B
Retained Earnings(3.2B)(3.1B)(3.0B)(3.0B)(2.8B)(2.9B)
Other Assets163M108M82M158M181.7M190.8M
Cash And Short Term Investments85M61M240M306M467M490.4M
Net Receivables902M889M899M1.0B1.1B661.9M
Liabilities And Stockholders Equity2.9B3.0B3.1B3.7B3.9B2.3B
Capital Surpluse121.2M144.9M203.9M5.1B5.9B6.2B
Inventory209M247M205M319M329M183.6M
Other Current Assets36M66M45M44M63M35.9M
Other Stockholder Equity4.3B4.6B4.6B5.1B5.2B3.3B
Total Liab1.9B1.5B1.5B1.6B1.6B1.1B
Total Current Assets1.3B1.3B1.4B1.7B1.9B1.0B
Cash And Equivalents13.8M36.3M78.7M306M351.9M369.5M
Short Term Debt77M75M65M54M80M48.3M
Property Plant Equipment348M443M448M404M464.6M259.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Leonardo Stock Analysis

When running Leonardo DRS,'s price analysis, check to measure Leonardo DRS,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leonardo DRS, is operating at the current time. Most of Leonardo DRS,'s value examination focuses on studying past and present price action to predict the probability of Leonardo DRS,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo DRS,'s price. Additionally, you may evaluate how the addition of Leonardo DRS, to your portfolios can decrease your overall portfolio volatility.